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Why the Next Billion Barrels of Oil Demand Could Come From Storage

The Hormuz crisis exposed the vulnerability of oil-importing nations, prompting countries such as India, Australia, Singapore ...
Reuters

US oil exports surge, draining domestic crude inventories toward rock bottom

NEW YORK/HOUSTON, June 5 (Reuters) - At the prairie town that calls itself the pipeline crossroads of the world, some 400 oil storage tanks sprawled across Cushing, Oklahoma, are nearly empty, drained ...